City of Camas December 3, 2012 Presented by Lisa Nisenfeld, CREDC President.

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Presentation transcript:

City of Camas December 3, 2012 Presented by Lisa Nisenfeld, CREDC President

Five Main Areas of Effort 1.Business growth 2.Business recruitment 3.Entrepreneurship 4.Land for jobs 5.Education

Land for Jobs Optimize developable industrial/commercial land Foster business climate to support business success Work with county and cities on next iteration of the Comprehensive Plan

Education Leverage higher education resources – e.g., joint research opportunities Raise the bar on STEM achievement in K-12, trades, higher education Support legislative needs

Business Growth Food processing cluster Energy efficiency LeanSite assistance Hiring/ Training Market Research Firestone Pacific Foods Foods in Season Great Western Malting Frito Lay Anderson Dairy

Other Manufacturers Energy Efficiency LeanSite Assistance Hiring/ Training Market Research Expanding Exports Kärcher Ryonet Silicon Forest Electronics Thompson Metal Fab Christensen Shipyards Linear Fitesa

Entrepreneurship PubTalk continues; 4 companies capitalized so far this year: –Sunmodo –Pudgbaby –Pet Healers –Helidyne Inventorying tools available for business acceleration Beginning to organize potential investors

Business Recruitment Developing new strategies –Recruit companies to fit key sites –Build on relationships of parent or subsidiary companies Partner with Greater Portland Inc. –Principal outbound recruitment source –Work together to analyze and recruit “missing” companies Develop key talent attraction tool kit

Community-wide Metrics Assessed value of developed land Amount of new business investment Number of private businesses formed or attracted in target sectors Average annual pay Median family income Per capita income Population over 25 with a BA; AA Number of jobs in Clark County

Business Growth ActivityTarget Number of visits to existing businesses100 Number of business forum events4 Conduct “Hackathon” event “New to export” companies assisted5 “New to market” companies assisted2 Jobs created by assisted businesses500 Capital investment by assisted businesses$20,000,000

Domestic and International Business Recruitment ActivityTarget Domestic prospects identified20 International prospects identified10 Recruiting trips2-3 Site selector events hosted2 Companies recruited*2 Jobs created* / percentage in target industries*100/75% New capital investment*$40,000,000 * Goals for 2014 forward, however 2013 results will be reported.

Entrepreneurship and Innovation ActivityTarget Number of PubTalk events5 Number of companies capitalized4 Development of investor network strategyBy end of 2013 Development of accelerator gap analysis and planBy end of 2013 Tenant referrals to Ft. Vancouver5

Land for Jobs and Infrastructure ActivityTarget Current infrastructure & priority matrixUpdated annually Current inventory of sitesUpdated annually Pre-permitting plan and template developed Regulatory reform advocacy actions Development of land assembly strategy Participation in comprehensive plan update processes

Education ActivityTarget Presentations to businesses for co-research projects with WSUV 25 Education priorities supported with legislature or other key constituencies As needed Development of research park plan for WSUVCompleted by 2015

Economic Development is a Team Sport  Businesses  Governments  Ports  Education & workforce organizations  Infrastructure organizations  Colleagues  YOU: insights, connections, investment

Thank You! Your investment in CREDC and your partnership in our work are critical to our success.